Butensky & Cohen Financial Security Inc. reduced its stake in Equifax Inc. (NYSE:EFX) by 15.6% during the second quarter, Holdings Channel reports. The firm owned 10,323 shares of the company’s stock after selling 1,915 shares during the period. Butensky & Cohen Financial Security Inc.’s holdings in Equifax were worth $1,325,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Checchi Capital Advisers LLC raised its stake in shares of Equifax by 14.1% in the second quarter. Checchi Capital Advisers LLC now owns 956 shares of the company’s stock worth $123,000 after buying an additional 118 shares during the last quarter. Daiwa SB Investments Ltd. purchased a new stake in shares of Equifax during the second quarter worth approximately $123,000. Financial Architects Inc raised its stake in shares of Equifax by 1,379.5% in the second quarter. Financial Architects Inc now owns 1,154 shares of the company’s stock worth $149,000 after buying an additional 1,076 shares during the last quarter. Springbok Capital Management LLC purchased a new stake in shares of Equifax during the first quarter worth approximately $133,000. Finally, Zions Bancorporation raised its stake in shares of Equifax by 14,380.0% in the first quarter. Zions Bancorporation now owns 1,448 shares of the company’s stock worth $165,000 after buying an additional 1,438 shares during the last quarter. 88.77% of the stock is owned by hedge funds and other institutional investors.
Shares of Equifax Inc. (NYSE:EFX) traded down 0.50% during trading on Monday, hitting $131.55. The stock had a trading volume of 414,778 shares. The stock has a 50 day moving average of $132.08 and a 200 day moving average of $124.17. The firm has a market cap of $15.70 billion, a PE ratio of 34.25 and a beta of 0.87. Equifax Inc. has a 52-week low of $91.72 and a 52-week high of $136.97.
Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, July 27th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.36 by $0.07. Equifax had a net margin of 16.11% and a return on equity of 24.51%. The company earned $811.30 million during the quarter, compared to the consensus estimate of $802.85 million. During the same period in the prior year, the firm earned $1.15 earnings per share. Equifax’s revenue was up 19.6% on a year-over-year basis. On average, equities analysts anticipate that Equifax Inc. will post ($0.47) EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Friday, August 19th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date was Wednesday, August 17th. Equifax’s payout ratio is currently 34.38%.
A number of research firms have issued reports on EFX. Jefferies Group reiterated a “hold” rating and set a $128.00 price target on shares of Equifax in a research note on Thursday, July 28th. Deutsche Bank AG lifted their price target on Equifax from $125.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, July 29th. Stifel Nicolaus lifted their price target on Equifax from $131.00 to $143.00 and gave the company a “buy” rating in a research note on Friday, July 29th. JPMorgan Chase & Co. lifted their price target on Equifax from $133.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday, July 29th. Finally, Zacks Investment Research upgraded Equifax from a “hold” rating to a “buy” rating and set a $148.00 price target for the company in a research note on Monday, August 1st. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $138.56.
In related news, insider Paulino R. Barros sold 5,205 shares of the stock in a transaction dated Wednesday, August 31st. The shares were sold at an average price of $132.00, for a total value of $687,060.00. Following the completion of the transaction, the insider now directly owns 10,786 shares of the company’s stock, valued at $1,423,752. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Rodolfo O. Ploder sold 3,100 shares of the stock in a transaction dated Monday, August 29th. The stock was sold at an average price of $131.87, for a total transaction of $408,797.00. Following the completion of the transaction, the insider now directly owns 46,936 shares of the company’s stock, valued at $6,189,450.32. The disclosure for this sale can be found here. 2.01% of the stock is currently owned by corporate insiders.
Equifax Inc is a provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.
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